DGAP-News: CENIT AG / Key word(s): 9-month figures CENIT reaches a sales increase of 2.4% and an EBIT increase of 18.6% after 9 months 11.11.2014 / 08:00 --------------------------------------------------------------------- Stuttgart, 11 November 2014 - In the first nine months of 2014, CENIT AG was able to increase sales over the same period last year by 2.4%. The PLM segment grew by about 5% on-year, while the EIM segment reports a sales decline. The result after nine months has increased significantly compared to the previous year. Also encouraging is the increase in sales of third-party software, which grew by 10.4% to EUR k 41,360. During the first nine months, CENIT group generated sales revenues of EUR k 91,364 (prior year: EUR k 89,206/2.4%). Sales revenues in CENITs consulting and services segment decreased by 2.8% to EUR k 40,422 (prior year: EUR k 41,580). Sales of third-party software increased by 10.4% to EUR k 41,360 (prior year: EUR k 37,447). Sales from CENIT's proprietary software decreased from EUR k 10,007 to EUR k 9,220 (-7.9%). The gross yield (operating output less cost of materials) amounted to EUR k 55,520 (prior year: EUR k 54,538), representing growth of 1.8%. CENIT achieved EBITDA of EUR k 8,524 (prior year: EUR k 7,392/15.3%) and EBIT of EUR k 6,719 (prior year: EUR k 5,664/18.6%). Results per share were EUR 0.57 (prior year: EUR 0.48). Orders Development During the first nine months, the group-wide order intake totaled EUR k 90,261 (prior year: EUR k 79,258). On 30 September 2014, orders in hand amounted to EUR k 34,458 (prior year: EUR k 33,660). Asset and Financial Situation The enterprise has no liabilities in relation to credit institutions, either of a short-term or long term nature. On the balance-sheet date, equity capital totaled EUR k 38,062 (31 Dec. 2013: EUR k 35,930), accounting for an equity ratio of 57.0% (31 Dec. 2013: 59.5%). On the balance-sheet date, bank deposits and liquid assets totaled EUR k 26,479 (31 Dec. 2013: EUR k 26,632). The operative cash flow was EUR k 4,598 (prior year: EUR k 8,949). Employees On 30 September 2014, CENIT group employed 657 staff (prior year: 673). Group-wide personnel costs for the reporting period were EUR k 36,453 (prior year: EUR k 35,915). CENIT is currently training 57 young professionals in various vocations. The trainees include students from the Dual-Training University of Baden-Württemberg (DHBW) in the fields of informatics and economics, as well as trainees in the field of information technology. Outlook CENIT is maintaining its forecast and expects an increase in sales and EBIT of approximately 5%. In order to achieve this goal this years' focus is on the acquisition of new customers, the software development in particular and the growth in the market segments that are relevant for CENIT. Please visit CENIT's homepage for the full 9 Months Report 2014: www.cenit.com/quartalsbericht. About CENIT: For over 25 years, CENIT has been successfully active as a leading consulting and software specialist for optimizing business processes in the Digital Factory, Product Lifecycle Management (PLM), SAP PLM, Enterprise Information Management (EIM), Business Optimization & Analytics (BOA), and Application Management Services (AMS) fields. CENIT complements standard solutions by strategic partners such as DASSAULT SYSTEMES, SAP and IBM by providing well-established own software solutions. These include the FASTSUITE product family for software solutions in the Digital Factory field, cenitCONNECT for SAP PLM-related processes, cenitSPIN as a high-performance PLM Desktop, CENIT ECLISO for efficient information management as well as CENIT SERVICEMANAGER - a platform for integrating software systems into the ECM system. The enterprise employs around 700 staff worldwide, serving customers primarily from the automotive, aerospace, mechanical engineering, tooling and molding, financial services, commercial and consumer goods industries. www.cenit.com Please send queries to: CENIT AG Investor Relations Industriestrasse 52-54, D-70565 Stuttgart Tel.:+497117825-3320 Fax:+49711782544-4320 Email: [email protected] Additional Information: This press/ad hoc report may contain future-oriented statements regarding the business, financial and earnings situation of, as well as profit projections for, CENIT. Such future-oriented statements are characterized by terms or statements such as "the company may" or "the company will", "expects", "assumes", "is considering", "intends to", "plans", "believes", "will continue to" and/or "estimates", as well as similar terms and statements. Such statements contain no guarantee that the projections will in fact be achieved. Rather, such statements involve risks, imponderables and assumptions that are difficult to predict and, in addition, are based on assumptions as to future events which may prove to be incorrect. For this reason, actual events may diverge significantly from the assumptions contained in the respective statement. In a future-oriented statement by which CENIT expresses expectations or assumptions with regard to future events, these expectations or assumptions are made in good faith, and it shall be assumed that they are made upon an appropriate basis; however, it cannot be guaranteed that the said statements, expectations or assumptions shall indeed occur, or be attained or fulfilled. The actual operative result may diverge significantly from such future-oriented statements and is subject to certain risks. In this regard, please refer to the Business Report of CENIT AG. --------------------------------------------------------------------- 11.11.2014 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: CENIT AG Industriestraße 52 - 54 70565 Stuttgart Germany Phone: +49 (0)711 78 25 - 30 Fax: +49 (0)711 78 25 - 4000 E-mail: [email protected] Internet: www.cenit.com ISIN: DE0005407100 WKN: 540710 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 296249 11.11.2014